Post your strategy, I'll code them free

Hello,
That is great. I’m sure your website will be very interesting and useful.

Here are some suggestions I’ve been trying to test, but it’s hard to get them on smaller time frames without being in front of the charts all the time.
Will be very interesting to see the return in the different time frames

[I][B][U]SMAChanel +RSI Setup[/U][/B] (M5, M15, H1, H4, D1)[/I]

SMA 21 High
SMA 20 Low
RSI (8) Close 35/65
EMA 3 Close

[B]Entry SELL when:[/B]
Candle opens in between SMA21 and SMA20, and closes below SMA20
Price is below level 35 on RSI
Stop loss at the high of the candle

Open 2 orders 1% each
First close when reach 1:1
Second close when candle closes above EMA3

[B]Entry BUY when:[/B]
Candle opens in between SMA21 and SMA20, and closes above SMA21
Price is below level 65 on RSI
Stop Loss at the low of the candle

Open 2 orders 1% each
First close when reach 1:1
Second close when candle closes below EMA3

[I][B][U]Simple Cross SMA150[/U][/B] (H4, D1)
[/I]

SMA 150

[B]Entry SELL when:[/B]
Candle closes below the SMA150
Trailing Stop 50 pips
SL 50 pips

[B]Entry BUY when:[/B]
Candle closes above the SMA150
Trailing Stop 50 pips
SL 50 pips

Let me know what you think!! Cheers!

Yes, but you need rules that the EA should be looking for, such as when you consider it to be an S&R and when you consider a range to be a range. Each trader has its own opinion about that.

Could you please code it and test it for performance ? Much appreciated.

Entry

Step 1: Plot the 20 Exponential moving average (ema), the 50 ema and the stochastic oscillator.

Step 2: Wait for the 20 ema to cross over or below the 50 ema. Now any moving average system tells you when (the 20 crosses above 50 goes long. when 20 crosses below 50 go short.) THIS IS WRONG! The 20 ema crossing above the 50 ema indicates a very strong upward move that is about to correct soon.
The 20 ema crossing below the 50 ema indicats a strong bearish move that is about to retrace. So how do we know when does the retracement end and when will it continue? This is where the stochastic kicks in.

Step 3: If the 20 ema crossed above the 50, the stochastic will be OVERBOUGHT (indicating that a fall in price is near. If 20 ema crosses below the 50 ema, the stochastic will be oversold. This is the pattern I’m sharing with you; stochastic will be overbought with an upward cross over and vice versa on all trading instruments on all higher timeframes.

Step 4: Keep a close eye on stochastic, wait for it to go all the way to the other extreme. Place your entry when stochastic crosses over in the other direction.

ex: 20 ema crosses above 50 ema. Stochastic will be overbought (80+). Wait for stochastic to become oversold. when stochastic crosses up at oversold, by the next candle open.

It may sound confusing, but bear with me and things will become clearer in the example. All we did is traded the picture I shared in the first post. Price went from a low point to a high point (so 20 ema crossed above 50 ema.) price then retraced (stochastic went from overbought to oversold.) We entered when stochastic crossed over from oversold because we anticipate that price will go on to make a higher now. This is the most profitable trading pattern you will encounter.

Exit
I use trailing stops. Once we enter. I draw a fibonacci extension from the low point to the high point if its a buy signal or from the high to the low if its a sell signal. I use the following levels: 1, 1.272, 1.618, 2, 2.618, 3, 3.618, 4, 4.618, 5… and so on.

When price closes above 1, I move stops to break even. When it closes above 1.272, my stop becomes a close below 1. Then when it closes above 1.618, my stop is a close below 1.272. A close above 2, sees me moving my stop to a close below 1.618 and so on.

Hey Strategies Hunt,

I have an algorithm that needs coding below.
Risk Limits
1% of account equity per trade
50 pip stop
50 pip limit
Chart 5 Minute
Buy Set up
50 EMA Crosses Above 200 EMA
Buy Trigger
Stochastic Slow 5:3:3 Oversold at 20 back to upside
Close Position
When Stochastic is overbought at 80 back to downside

Sell set up
50 EMA crosses below 200 EMA
Sell Trigger
Stochastic Slow at 533 overbought at 80 back to downside
Close Position
When Stochastic is oversold at 20 back to upside

Hi hunt,

I posted this below in another thread not long ago but got no replies. Hopefully you can help!

[I]"I’ve been looking around for a free version of something similar to Robopips SMA Crossover Pullback, but I can only find basic Stochastic EAs with no Risk management and crossover settings.

If you guys aren’t aware of what it does, the basic rules, as I understand them are:

100 = Fast MA
200 = Slow MA
14,3,3 Stochastic
Stop Loss
Trailing stop
Take profit
1hr time frame
Toggle for specific trading times (optional)
Toggle for close on Stochastic opposite (optional)

Buy = price is above both MAs + after the fast MA crosses up over the slow MA + Stochastic has gone below 20 and has come back out, going up.

Close buy order by trail stop, take profit or stop loss.

Sell = price is below the MAs + after the fast MA crosses down over the slow MA + Stochastic has gone above 80 and has come back out, going down.

Close sell order by trail stop, take profit or stop loss."[/I]

I just HAD to quote this sentence. It is just SO cute!!! :smiley: :smiley: :smiley:

If only life was always so simple! :smiley:

Hello, I’m coffee-and-danish and this is the first time I have ever thought about posting a strategy or trying to have it coded. I may make some mistakes, but bear with me as I explain what I actually do.

  1. I realise that if I trade against the first price rejection, the probability of success is very high
  2. So if a candlestick at the start of a new time interval shows an upper price rejection the very first time, regardless of the presence of the body or if its a bull or bear: I go short. I look for the smallest hint of an upper wick, and ignore every wick that comes after/ when the time interval is up, the candle becomes bearish
  3. Similarly, a lower price rejection or lower wick is a red flag for me and I do not trade. I don’t trade longs ever.
  4. My time frame has been 5 minutes all along, but now I have started using 1 minute bc I cannot afford to wait that long
  5. Because I have to hyperfocus on the first few seconds of every new timeframe., I can only do one chart at a time
    FINAL) I think it would be an amazing tool to have the computer tell me which way the wick went in more than one chart.

I havent picked out the kinks, I don’t know if it something that can work. I dont need previous data labelled, it makes no difference in my view. So is there a way to know only the first wick of the current candle, in more than one chart?

Hope that was clear, cheers

Could you also code a script like opening all EA’s in my Expert folder when MT4 opens? The Timeframe and asset/pair is in the name of the EA. Can this be done or can someone point me in a direction so I can code this myself?

The strategy looks good, and could work for some time before it begins to work against you.

Most of these indicators are lagging and are unreliable.

Hi,

Is it possible to code this pullback indicator?

The required pullback MT4 indicator must comply with the following two conditions, and must have email alert as well: -
Condition one:

  1. It identifies Daily & Weekly trend based on the followings:
    For uptrend: -Price is above 50MA, and 50MA is above 200MA,
    -Not violating the formation of higher high & Higher low concept.
    For downtrend: -Price is below 50MA, and 50MA is below 200MA,
    -Not violating the formation of lower high & lower low concept.

  2. To show pullback (in direction of the trend as above) on either of the following
    conditions or combined together (as customized settings on indicator):

  • Off minor (most recent) or major Support/Resistance level/zone.
  • Off Trendline (as on third touch or higher). TL must not cut through candle bodies.
  • Off MA (either 50 or 200).
  • Off 61.8 or 50% Fibonacci levels (as an additional option).

(The followings must apply to “Condition One” of this indicator:
a) D & W timeframes must agree, and can be customized to any other
consecutive two timeframes such as 4H & Daily; Daily & Weekly; Weekly &
Monthly.
b) Both Moving Averages 50 & 200 can be customized to SMA or EMA).

Chart # 1

Condition Two:
To show price pullback off neckline in following chart patterns:

  • Head & Shoulder neckline,

  • Double Top neckline,

  • Double Bottom neckline,
    Chart # 2

    These are the effective conditions that make A+ trade setups. Simplicity is essential to get the clear picture. I really look forward to get it done and join efforts from other interested traders as well to test it and improve it for the benefit of all.

1 Like

Are you still available for coding an EA?

I created and tested this strategy and made a quick video on it on tik tok name The Quant Academy
Day 1. It looked goood to start but the when you have a 94% strike rate and needed to be 95+ to be profitable. Let me know your thoughts thanks!

LOL.

I barely remember typing this strategy here and can’t even remember logic behind this trade. It was 8 years ago back when I was just starting with ForEx trading.

But looking at it now, I won’t recommend this kind of Risk/Reward.
Probably, my idea before was to quickly keep the profit.
But this should not be used 24/7.

Maybe fine tune certain period to run this, avoid high impact news.

Even so, I don’t really recommend automated trading now.
In my experience, I get better results reading the price action and with better Risk/Reward Ratio.

Thanks for coding this anyway.
I checked the result on your channel.

Hello programmers.
Happy New Year.

I am turning to you for help. I have several profitable strategies. And I would like you to create a trading robot based on them.

I am disabled due to illness and not rich, I do not have the funds for programming.

Therefore, I ask you to help and create a trading robot using my algorithm.
I am attaching the technical specifications and indicators to this message.

TECHNICAL TASK 1.txt (1.1 KB)

Scalper_MA.ex4 (14.2 KB)

Hodrick Prescott MA alert arrows.ex4 (17.8 KB)

heiken-ashi-ma-t3-new-indicator.ex4 (35.8 KB)